The Head – Balance Sheet Management is a critical role to the Bank’s Treasury function and is responsible for the management, allocation and pricing of the Bank’s funding, ensuring effective compliance with regulatory and Board requirements, funding strategy optimization and funding cost management.
Key Accountabilities:
Lead the management and pricing of Bank’s funding and liquidity risk positions and funding plans, providing a proactive view of potential funding risks and funding support required across the Absa Bank Kenya (ABK) Businesses to ALCO
Provide subject-matter- expertise to the Bank and its Businesses on setting funding strategies and funding targets that should be considered and implemented to enhance Primacy and optimize funding costs
Optimize funding strategies and plans to support market share growth; returns and cost reductions, engaging with ALCO and Business Heads ensuring a resilient liquidity risk position
Lead of Funding and Liquidity Management (FLM) engagements in the Bank and with ARO Treasury Centre advising on strategic planning requirements; determining the foreign currency funding support required from Group and preparing updates to the Country ALCO and the Board as part of the integrated planning process
Lead the engagement with ABK Global Markets, ensuring funding limits and exposures are effectively implemented and monitored, in support of Business growth and compliance with Board-level liquidity requirements
Oversee the BA610 Liquidity risk reporting; support related SARB discussions; and ensure alignment with Group FLM requirements. Ensure accurate and timely reporting and explain movements in funding and liquidity risk positions on a monthly basis
Co-ordinate the execution of all FLM related requirements such as contingency planning; SARB requirements; local regulatory and ALCO requirements in compliance with local regulations and Group requirements
Lead the development and approval of the ABK ILAAP submission to regulators and support drafting and governance of Group ILAAP requirements related to Absa Bank Kenya
Ensure FTP curves are effectively set and communicated for LCY and FCY to Business and ARO Treasury Centre in line with the ARO Funds Transfer Pricing Standard and the Bank’s internal governance requirements
Lead FTP engagements with Business and ARO Treasury Centre, providing an understanding of methodologies and impacts on the Bank and business unit
Ensure FTP pricing is timely and accurate to Business on a monthly basis, supported by the relevant Finance partners
Role/Person specification
Education and experience required
Bachelor’s degree
10 years (Technical/Managerial) Finance; Balance Sheet; Funding and Liquidity Management (FLM and/ or Funds Transfer Pricing (FTP) experience
Knowledge and skills
Highly numerate with a strong analytical background.
Deep expertise in Balance Sheet and Funding management
Strong experience with senior management reporting, influence and stakeholder management
Banking experience in a treasury environment, risk or finance
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